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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 15, 2013
01/13
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CSPAN
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and they don't deserve or need our federal tax dollars. that's why on the first day of this congress i introduced the title 10 abortion provider prohibition act. it's h.r. 61. planned parenthood's 2011-2012 annual report showed they received a record $542 million in taxpayer funding while simultaneously performing a record number of abortions. actually, one every 94 seconds. so in 94 seconds, they performed that abortion, they take in over $1,600 in federal taxpayer money and their funding has increased by 11% in the last two years. even though former employees of planned parenthood say the organization promotes sex selection, abortions, engages in could he hearsive behavior and fails to maintain financial records in accordance with the law. i encourage my colleagues to support h.r. 61 so we can get a hold on this big abortion businesss, hold them accountable, clean up the title 10 grant program and end taxpayer funneling -- funding of abortion. i yield back. the speaker pro tempore: for what purpose does the gentleman from georgia seek re
and they don't deserve or need our federal tax dollars. that's why on the first day of this congress i introduced the title 10 abortion provider prohibition act. it's h.r. 61. planned parenthood's 2011-2012 annual report showed they received a record $542 million in taxpayer funding while simultaneously performing a record number of abortions. actually, one every 94 seconds. so in 94 seconds, they performed that abortion, they take in over $1,600 in federal taxpayer money and their funding has...
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Jan 14, 2013
01/13
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FBC
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tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second highest level in history and the highest in 11 years. emerging-market equity funds saw the biggest inflow reheat to cover teeseven and a half billion. ceo of edelman financial services joins me now. when regular investors finally get interested in equity says it mean it is almost over? >> ordinarily i would agree it to my yes, it does, but not this time. you know why? it has been five years since ordinary consumers have had any confidence at all in the u.s. stock market. finally, after watching the stock market r
tax for years. they rely on a windfall from the rich energy resources as well as other forms of taxation, including a sales tax. political analysts are warning the proposal to eliminate income tax could be followed by a plan to raise the sales tax. the office responded to the claim saying only he wants to keep the sales tax as low as possible. well, from texas to investment, it is a mad-toward equity mutual funds in the new year. inflows for the first week reaching $22 billion in his second...
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Jan 14, 2013
01/13
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, already i'm scheduled to make tax payments and if i'm making tax payments to the federal government for increased taxes on my business i'm not able to buy new equipment, not able to put more men to work and my men's future is less certain, the money i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: capital expenses go down because you don't have the capital to expand the business? >>nator, capital expenditure goes down, and the equipment that american manufacturers rely on to compete in a low wage global environment go away. >> mike: all right. travis, what happens to your business in this coming year? >> we had two huge rollouts and the left-handed model for chord buddy, 20% of people are left-handed and the classical model it's not going to happen. we will not get the breaks that are need today write off that money tax-wise, it's not there anymore. >> mike: new product means you've got to manufacture more, means somebody's got to build it, somebody's got to ship it, somebody's got to sell it, so it's several jobs down th
, already i'm scheduled to make tax payments and if i'm making tax payments to the federal government for increased taxes on my business i'm not able to buy new equipment, not able to put more men to work and my men's future is less certain, the money i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: capital expenses go down because you don't have the capital to expand the business? >>nator, capital expenditure goes down,...
SFGTV2: San Francisco Government Television
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Jan 14, 2013
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that is why we have such high costs, high taxes on parking your car. the closer that you get to the center, the more expensive. but there is a limit how much we can turn away. that is why we also want to have some systems. i think if we're going to read 50% share of cycling for commuting, it is not enough to offer a good infrastructure. you also need possibly a toll road where people pay for driving and the city. -- for driving into the city. >> i can tell you what it costs in amsterdam. amsterdam is the most expensive place to park your car. it is now 5 euros, nearly $7 per hour, 24 hours per day. also, the question from andy, about 12 years ago, we had a referendum, what to do with the cars in the city. the majority voted for less cars in the city. the last 10 years, the amount of cars went down. it is down 20%, and that was done by making the profiles of the roads a little bit smaller, adding more room for cyclists and public transport, and bringing of the parking fees. it also what we did that time, for all new inhabitants, he needed a permit to pa
that is why we have such high costs, high taxes on parking your car. the closer that you get to the center, the more expensive. but there is a limit how much we can turn away. that is why we also want to have some systems. i think if we're going to read 50% share of cycling for commuting, it is not enough to offer a good infrastructure. you also need possibly a toll road where people pay for driving and the city. -- for driving into the city. >> i can tell you what it costs in amsterdam....
SFGTV2: San Francisco Government Television
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Jan 14, 2013
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a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know you're coming to herminie. woman: the aroma in 90-degree days... can sometimes just want to knock you over. woman: we have water. we have power, we have gas, but we have no sewage. i guess when they laid out the town years ago, it just all went into the pipes and straight into the "crick." sabljak: i've lived here 43 years in the same house. when i moved here, they told us that sewage would be here shortly. and here it is 43 years later and we still don't have it. my husband and i went to the first meeting. he always said, "boy, i'll never see it in my lifetime." well... my
a larger cost on a smaller tax base, and, arguably, less affluent communities. man: sewickley township is a rural farming community, however, herminie itself would be considered to be the downtown area of the township. it's the agways, the auto-parts store, the bank. it's your typical small-town village. man: people think that rural areas are pristine and perfect and everybody has a nice, simple life. that's, uh, not exactly the situation here. when you come into town in the summer, you know...
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Jan 14, 2013
01/13
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LINKTV
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it is a tax-deductible charitable contribution. you know what the networks spent here it is a pittance of what we're asking for in comparison, bring you a daily grassroots investigative news hour. please keep hope alive. keep link tv
it is a tax-deductible charitable contribution. you know what the networks spent here it is a pittance of what we're asking for in comparison, bring you a daily grassroots investigative news hour. please keep hope alive. keep link tv
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Jan 14, 2013
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i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was fair and it protected the middle class, and my biggest priority was making sure that middle class taxes did not go up. the difference between this year and 20112 is the fact that we have already made $1.2 trillion in cuts, and at the time i indicated that there were cuts that we could sensibly make that would not damage our economy, would not impede growth. i said at the time i think we should pair it up with revenue in order to have an overall balanced package, but my own budget reflected cuts in discretionary spending. my own budget reflected the cuts that needed to be made, and we've made
i didn't say that i would not have any conversations at all about extending the bush tax cuts. i just said we wouldn't extend them for the wealthy. we didn't. you can argue that during the campaign i said -- i set the criteria for wealthy at $250,000, and we ended up being at $400,000, but the fact of the matter is millionaires and billionairres are paying significantly more in taxes just as i said. so for, you know, from the start, my concern was making sure that we had a tax code that was...
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don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get higher rates. >> at the news conference, president obama made clear what he thinks about the 4 million words simplifying them or using them to promote economic growth are not priorities. >> from the start, my concern was making sure that we had a tax code that was fair. and protected the middle class. >> another related reason who i the tax code reform never gets done each loophole credit, preference and provision is favored by some interest group or another. which is in turn backed by veritable army of lawyer, accountant fighting to keep them where they are. >> bret: thank you. no grapevi
don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get...
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Jan 14, 2013
01/13
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and that is because the federal and local tax rates, marginal tax rates combined in high tax states are not on high income taxpayers are now in the neighborhood of 50%. in my home state of connecticut, it's 48.5%, in new jersey and new york, it's higher. and in california, it's higher again. >> right. >> and 50% is well past the peak of the curve, meaning that as production rises -- as taxes rise, production diminishes. so, when taxes go to 100%, production goes to0 and the government collects nothing. >> right. >> so, as taxes rise, the government's stake will diminish. and the government's stake is maximized somewhere between 40% and 45%. and we are beyond that. so, the government's stake is going to diminish from here on, so raising taxes is no longer going to be an answer to deficit reduction and apparently neither is cutting spending. >> yeah, i mean, i guess, you know, the broad -- the broad populous, you know, the people, i don't know that they necessarily understand the implications of not cutting spending, because it does feel like, you know, it constantly goes on the republica
and that is because the federal and local tax rates, marginal tax rates combined in high tax states are not on high income taxpayers are now in the neighborhood of 50%. in my home state of connecticut, it's 48.5%, in new jersey and new york, it's higher. and in california, it's higher again. >> right. >> and 50% is well past the peak of the curve, meaning that as production rises -- as taxes rise, production diminishes. so, when taxes go to 100%, production goes to0 and the...
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Jan 14, 2013
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taxes raised a bit but no sequester. we saved the lady. but we ourselves had tied to the track. >> the plan would also delay across-the-board spending cuts for defense and most federal agencies. but only for two months. kicking the can on tough decisions to reduce government spending >> jon: did i say save? i meant moved her a half mile further down the track. so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can all agree on? >> house speaker john boehner had kind of a rough week here. the at a party folks not happy with the deal that he struck >> the president was able to get the speaker to undo everything he had promised he would do >> where are you? mr. speaker, we need leadership. >> tonight i am ashamed, shame on you, mr. speaker. >> jon: republican or democrat, senator or congressman, team edward or team jacob, everyone agrees john boehner sucks. at least we can be assured that as the incoming congress votes for a new speaker of the house, it's clear what the out
taxes raised a bit but no sequester. we saved the lady. but we ourselves had tied to the track. >> the plan would also delay across-the-board spending cuts for defense and most federal agencies. but only for two months. kicking the can on tough decisions to reduce government spending >> jon: did i say save? i meant moved her a half mile further down the track. so these massive spending cuts will coincide with another debt ceiling battle. is there anything in this debacle that we can...
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the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in the early 90s toward simpson was america's favorite character in fact introduced during its peak. for the 1 million shares sold on a given day bringing in $2 billion in revenue during the first 14 months. in 2007 the simpsons movie was released in theaters worldwide. it grossed $527 million sold $750 million in simpson's related merchandise. by 2011 the show made $1 billion in profits. this initiative 25 emmy nominations or awards and a star on the hollywood walk of fame. the first fox show to break into the top 10 in the ratings, "the simpsons" premiered o permit ons business day january 14, 23 years ago today.
the law was hotly debated, it is a law and they should not be able to raise the taxes particularly taxes on our young people simply by avoiding congress. gerri: george pataki, thank you for coming on the show tonight, thank you very much. >> thank you. gerri: it was this day in business back in 1990, fox's animated series "the simpsons" first premiered and became an instant hit. the half-hour sitcom islamist running american program so far running 24 seasons and 515 episodes. in...
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Jan 14, 2013
01/13
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raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that what our government do whatever they wanted. guest: not enough people are calling their representatives and senators about the debt ceiling and the way we've handled the last 12 months. what you have to do is call your congressman or senator. someone will answer and be polite to you. you have to insist to get the message through. elections have consequences. the division right now is very extreme. are we being played? politicians will wait until the last second until they do what is the right thing. i expect to happen this time is we will get around that during 26th or 27th
raise taxes or cut spending and congress has only raised taxes. if we don't do something about the tax code, we will continue to print money. host: kevin from woodbridge, virginia. caller: i have a bill with a to balance.$200 if i miss my payments, they will call me. how many follicles do the government debt saying, "when are you going to repay my money -- how many phone calls does the government get saying, "when are you going to repay my money?" we are a bunch of idiots that...
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Jan 14, 2013
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government spend aka taxes. part of the heritage foundation's definition of economic freedom is the ability to invest your money however you want and hold on to your money. limited government was always one of the factors in the study. still very, very strong with protectionism is an issue the united states is facing. they are competitive in the global economic environment. it's not just about the u.s. any more. it's a very global marketplace we need to remain competitive. the rankings show we are slipping behind a little bit. we are still topping the world still a top ten but it's a struggling environment for us right now. >> barely top 10. sandra smith, fox business networks. 25 after the hour. still to come obama care was supposed to cut costs for healthcare to all. now we are finding another hidden fee that insurance companies will be charging you to pay for someone else. plus a teacher is told to remove a ronald reagan quote from her classroom because it could be offensive to her students. we will explain.
government spend aka taxes. part of the heritage foundation's definition of economic freedom is the ability to invest your money however you want and hold on to your money. limited government was always one of the factors in the study. still very, very strong with protectionism is an issue the united states is facing. they are competitive in the global economic environment. it's not just about the u.s. any more. it's a very global marketplace we need to remain competitive. the rankings show we...
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Jan 14, 2013
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he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver bullet and there's no, as one of my friends said, no seat belt to put on to assure you will not be in this circumstance again. i'm going to be submitting to the president i think a proposal as to how to proceed. i'm shooting for tuesday, hope i can get it done by then. >> megyn: and the hits on the tape how it came to us. the vice-president talking the gun proposal, no silver bullet, but shooting for tuesday, the recommendations. thoughts on that, chris? >> we're grateful to vice-president biden, we're grateful to vice-president biden, all
he's right on the tax stuff. on the other stuff it'd be pretty hard for him to make an argument that the american he people voted for gun control or unconditional increases in borrowing. >> megyn: back on the issue of gun control to leave it at this, vice-president biden is going to give recommendations we understand tomorrow to the president, as he's been known to do, put his foot in his mouth a bit on friday when he said the following: . >> we know there's, there's no silver...
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taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the question today is, that a regresssive tax? >> yes. >> peter: as you economists say? >> yes. >> peter: what does that mean? >> everybody pays it. no relation to how much you earn. it's how much you spend. you pay tax according to what you spend. a sales tax, it tax consumption. so in that sense, yes. it is regresssive. but on the other hand, if the absence of income taxes creates a growing economy, everybody wins from that. >> peter: some states don't have income tax. >> there are seven. i'll read them, alaska, florida, nevada, sout
taxes. that is a radical move. he wants to shift instead to a sales tax, higher sales tax, shifting from income taxes to consumption taxes. he thinks that will give the state growth, bring in employers, create jobs, make the economy of louisiana expand, and basically progress. >> he's saying if you make louisiana a great place to come, companies will come. >> yes. >> peter: and people will have work? >> yes. >> peter: but the trade-off is, higher sales tax. so the...
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if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american manufacturers rely on to compete in a low wage global environment go away. mike mipg travis, what happens in your business in this coming year? >> we had two huge rollouts the left model for chord buddy 20% of people are left handed the classical model for chord buddy will not happen. we will not get the breaks that we needed to write off that money, you know, tax wise. >> let it's not there anymore new product somebody has got it to build if it and ship it and sell it it's several jobs down the line that went happen because you don't have the money to make that work. >> right. >> all right. and, john, you talked about t
if i'm paying taxes to the program government for increased taxes on my business, i'm not able to buy new equipment. i'm not able to put more men to work. and my men's future is less certain because it's the money that i invest in equipment which gives them their job security, the productivity and the wages they enjoy. >> mike: so capital expenses go down. [ applause ] bill. >> mike: because you don't have the capital to expand the business. >> equipment that american...
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Jan 14, 2013
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i've also said that we need more revenue through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life-saving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and schools and invest in our worker's skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone does t
i've also said that we need more revenue through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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Jan 14, 2013
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there is no tax solution to this. it's a spending solution. and if this president doesn't want to go there, we're going to have to force it and we're going to have to force it over the debt ceiling. >> this is a guy walking into a crowded room and saying, "i have a bomb strapped to my chest, and if you don't give me what i want, i'm going to blow up everybody, including myself." and is that a credible threat? well, there're some pretty crazy people there. and it might be that they're willing to do it. but by the same token, obama cannot get into this because then you have government in the hands of -- never mind the constitution, the government is run by whoever is most willing to wreak havoc with our whole system of -- with the nation. we cannot allow ourselves to be blackmailed into spending cuts, partly because blackmail should not be part of how the u.s. operates, and partly because spending cuts would be disastrous right now. so obama's right to say he doesn't negotiate. i'd like to know exactly what he will do if it turns out that there
there is no tax solution to this. it's a spending solution. and if this president doesn't want to go there, we're going to have to force it and we're going to have to force it over the debt ceiling. >> this is a guy walking into a crowded room and saying, "i have a bomb strapped to my chest, and if you don't give me what i want, i'm going to blow up everybody, including myself." and is that a credible threat? well, there're some pretty crazy people there. and it might be that...
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the comment attributed to him was we shall tax and tax, spend and spend and elect any left. whether true or not, of course he denied it come is stuck with him the rest of his slaves and became a rallying cry for those who heeded this about in new deal. and if that wasn't enough, if cameron 1839, when moore broke in europe, harry found himself back at the mayo clinic and the doctors had ruled out a recurrence of cancer, but they couldn't figure out why he was unable to solar nature since. said they came up with a dog's breakfast of intravenous feeding, the transfusions, injections of liver extract, a combination which he had mr. t. had off and on for the rest of his life and sometimes it works and sometimes it didn't. but for the rest of his life, he was unable to gain weight. his digestive system alluded to the.is to figure out. his digestive system is a mess. sometimes the verge of starvation. so spring 1940, before he moved into the white house, he was at his house in georgetown on industry, a rented house with his daughter, diana. he was still recovering. and the presiden
the comment attributed to him was we shall tax and tax, spend and spend and elect any left. whether true or not, of course he denied it come is stuck with him the rest of his slaves and became a rallying cry for those who heeded this about in new deal. and if that wasn't enough, if cameron 1839, when moore broke in europe, harry found himself back at the mayo clinic and the doctors had ruled out a recurrence of cancer, but they couldn't figure out why he was unable to solar nature since. said...
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i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision about the approach they prefer. they don't think it is fair, for example, to ask a senior to pay more for his or her health care or a scientist to shut down life heavy saving research so the that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it is smart to protect endless corporate loopholes and tax breaks for the wealthiest americans, rather than rebuild our roads and our schools, invest in our workers skills or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way where everybody pulls their weight,
i have also said that we need more revenue, through tax reform, by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out the american people agree with me. they listened to an entire year's debate over this issue and they made a clear decision...
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and tax, spend and spend. whether true or not of course he denied it. it stuck with him for the rest of his life, and it became a rallying cry for those who hated the roosevelt and the new deal. and if that wasn't enough, in september 1939 when the war broke out in europe, harry found himself back at the mayo clinic. and the doctors had ruled out recovering cancer but they couldn't figure out why he was unable to absorb nutrients. so they came up with intravenous feedings, blood transfusions, injection of liver extract, a combination which he had administered to him off and on for the rest of his life. and sometimes it worked and sometimes it didn't. but for the rest of his life, he was unable to gain weight. his digestive system, i'll leave it to the doctors to figure it out, his digestive system was a mess. sometimes he was on the verge of starvation. so in the spring of 1940, before he moved into the white house, just before, he was at his little house in georgetown on industry, and -- in street, a rented h
and tax, spend and spend. whether true or not of course he denied it. it stuck with him for the rest of his life, and it became a rallying cry for those who hated the roosevelt and the new deal. and if that wasn't enough, in september 1939 when the war broke out in europe, harry found himself back at the mayo clinic. and the doctors had ruled out recovering cancer but they couldn't figure out why he was unable to absorb nutrients. so they came up with intravenous feedings, blood transfusions,...
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monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for the financial industry when it comes to the home market. people worked all their lives to provide a home and held for ways to get it paid off before they retire. this is the one area that the government needs to regulate and regulate closely and i am glad we're finally doing that. now, of course, we have drawn a line in the sand that we can hopefully reclaim. can we hope that it will ever change back to what we thought we had been through? guest: an excellent question. another one to add to that is -- will the regulators have the appetite to regulate this closely? making sure that banks are abi
monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for...
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higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff deal. but whatever happened to comprehensive tax reform? >> the irs tax code is still a nightmare. it's too complex, too costly, and too unfair. >> reporter: both sides say they're open to simplifying the tax code. more than 70,000 pages in 2012. the u.s. government gives away more than $1 trillion a year in tax breaks, but republicans say reform isn't about squeezing more money out of taxpayers. >> i think tax reform is a good idea, but now that we have resolved the revenue issue, tax reform ought to be revenue neutral, as it was
higher estate tax rate. but it could have been worse. >> i think that the wealthy got off pretty easily here. there's a modest tax increase for the very wealthiest in this society, a very tiny percentage. i, frankly, that there are more taxes coming and they're going to bite more deeply into the middle class. >> approximately two-thirds of american will pay more taxes. the tax bite for the middle class comes from the end of payroll tax cut, which wasn't renewed in the fiscal cliff...
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in favor of boosting sales tax rates. free market economists have praised the idea, but liberal economists say poor people would be bearing the brunt of the cost because they spent a greater share of income on consumer goods. can i stop here for one second? >> uh-huh. >> steve rattner, here's a great example. bobby jindal, like me, a really conservative guy economically. but has come out and spoken out against the stupid wing of the republican party. he's been very responsible. remember right after the election? >> yeah. >> like come on, we have got to be more inclusive, guys, and got to stop being the stupid party. here's a great example. you can disagree with bobby jindal on economics, which i'm sure you do -- >> right. >> -- because he's a lot like me, but you can respect bobby jindal as being a smart guy who wants to expand the party and be more inclusive. >> yeah. i agree. i respect him for all those things. and i think he is part of the future of the party. this particular proposal, i think what you said about it is
in favor of boosting sales tax rates. free market economists have praised the idea, but liberal economists say poor people would be bearing the brunt of the cost because they spent a greater share of income on consumer goods. can i stop here for one second? >> uh-huh. >> steve rattner, here's a great example. bobby jindal, like me, a really conservative guy economically. but has come out and spoken out against the stupid wing of the republican party. he's been very responsible....
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taxes. for people not earning that much, you may think well, who cares then. well, analysts say this is going to have a significant impact on the economy. families have less money to spend, especially in local stores, eating out or on vacation. that in turn could hurt our job market once again. coming up in our next hour of mornings on 2, the action some people say they're going to take that could really have a devastating effect on them later in life and on our economic future. tori, dave? >> pam, thank you. >>> time 7:49. inauguration day for president obama is one week from today. organizers held a dress rehearsal getting ready for the big event. >> this was the scene on the streets of washington, d.c. just yesterday. there was this rehearsal parade along with a mock swearing in ceremony. president obama's second inauguration will be smaller than his historic first swearing in. turnout is expected to be between 600,000 to 800,000. that compares to a record 1.8 million people four years ag
taxes. for people not earning that much, you may think well, who cares then. well, analysts say this is going to have a significant impact on the economy. families have less money to spend, especially in local stores, eating out or on vacation. that in turn could hurt our job market once again. coming up in our next hour of mornings on 2, the action some people say they're going to take that could really have a devastating effect on them later in life and on our economic future. tori, dave?...
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tax bite. >> tax bite all day on cnbc a special series that we're calling a tax bite. where did your money go? earlier this morning we talked to piper jaffray retail analyst about the impact of the higher payroll tax. >> what we get most concerned about would be at the lower income end of the spectrum where consumers live on more of a month-to-month budget. that's just less money for a lot of retailers that would cater to that income demographic. >> you're looking at retailers -- >> that would be the dollar stores. specifically like family dollar, dollar general, or dollar tree. >> joining us now howard levine, chairman and ceo of family dollar stores. you're sensitive to this type of stuff, howard. thanks for coming on today. in past periods like this, is there a pretty clear-cut cause and effect that we will see if people, if your customers get $15 less per week, that $15 cannot make its way into family dollar's coffers, can it? >> sure, joe. and good morning, everybody. thanks for having me this morning. you know, when i think about some of the current news, i've be
tax bite. >> tax bite all day on cnbc a special series that we're calling a tax bite. where did your money go? earlier this morning we talked to piper jaffray retail analyst about the impact of the higher payroll tax. >> what we get most concerned about would be at the lower income end of the spectrum where consumers live on more of a month-to-month budget. that's just less money for a lot of retailers that would cater to that income demographic. >> you're looking at retailers...
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specifically getting rid of state income taxes and moving to sales taxes, consumption taxes. liz: they are showing the federal government how to do tax reform. what's really interesting is 37 of the 50 states the reason why this is happening is because one party control, one party control of the legislature and the governor. 37 out of the 50 states, that what's going on. stuart: 25 of those 37 are run by republicans, single party power within the state. 12 democrats. so you've got 25 states which could go for real tax reform. liz: real tax reform, that's right. what's interesting too north carolina is now talking about taxing services which would really hit the upper bracket tremendously, like accounting. stuart: that's interesting. because the general thing is to go to a consumption tax which hits everybody as opposed to just based on income. liz: not just things -- stuart: do you think this will go places at the state level? charles: i really do. these value added type taxes they grow and grow. stuart: right again, charles payne. right again. and the highlight reel, short o
specifically getting rid of state income taxes and moving to sales taxes, consumption taxes. liz: they are showing the federal government how to do tax reform. what's really interesting is 37 of the 50 states the reason why this is happening is because one party control, one party control of the legislature and the governor. 37 out of the 50 states, that what's going on. stuart: 25 of those 37 are run by republicans, single party power within the state. 12 democrats. so you've got 25 states...
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and then you have conservatives arguing since we have the highest corporate tax rate in the world and the rationale for why that works. live from an economic standpoint that produces more prosperity. what works under ronald reagan, how jack kennedy did it and have it worked. but you don't hear the same argument coming from this administration. they also can't come forward and have an honest discussion about what their objectives are. the increasing prosperity by unleashing the private sector overbearing, not reasonable but overbearing government regulations. we believe there is an unlimited ability for prosperity. the left believes it is a fixed amount. and everybody gets a slice of it. but you don't hear of a left articulating a response to that discussion because what obama wants to do is force the redistribution. and if honest about that, honest about his goals of not equalizing everyone but bringing them down and that is what happens when you try to equalize and come if he were to be honest about that and give a philosophical defense the american people would reject it resoundingl
and then you have conservatives arguing since we have the highest corporate tax rate in the world and the rationale for why that works. live from an economic standpoint that produces more prosperity. what works under ronald reagan, how jack kennedy did it and have it worked. but you don't hear the same argument coming from this administration. they also can't come forward and have an honest discussion about what their objectives are. the increasing prosperity by unleashing the private sector...
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i also said that we need more revenue through tax loopholes. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out that the american people agree with me. they listened to an entire year's debate on this issue and they made a clear decision about the approach they prefer. they don't think it's fair to ask a senior to pay more for his or her health care. they don't think it's smart to protect endless loopholes for the wealthiest americans rather than rebuild our roads and schools. they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone does their part. that's what i want as well. that's what i propose. and we can get it done. but we'll have to make sure that people are looking at this in a responsible way. rather than just through the lens of politics. now, the other congressionally imposed deadline coming up is
i also said that we need more revenue through tax loopholes. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. turns out that the american people agree with me. they listened to an entire year's debate on this issue and they made a clear decision about the approach they prefer. they don't think it's fair to ask a...
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our death and tax. >> social media butler, are you getting all this. >> i'm typing as fast as i can. >> now i get to taste it and then i guess i tell my social media butler how i liked it. and the verdict was in. refreshing. next off to the presidential reviewing stand where big donors and d.c. vips will watch the inaugural parade with the president. >> if i were in this spot what would you do for me? i mean -- >> the first thing would definitely be to record the moment with a photo. >> look, everybody i'm here in front of the white house and the inaugural reviewing stand. all of you people at home be very jealous. >> no one has purchased the package yet but the hotel has had inquiries. so if you want social media butlering to be part of your inaugural experience you better act fast. >> it is now time unfortunately to go back to my day job and to say good-bye to my social media butler. thank you very much for your service. >> you're very welcome. it was my pleasure. >> inauguration won't the same without her. to say nothing of my twitter feed. bill plante, cbs news washington. >> jef
our death and tax. >> social media butler, are you getting all this. >> i'm typing as fast as i can. >> now i get to taste it and then i guess i tell my social media butler how i liked it. and the verdict was in. refreshing. next off to the presidential reviewing stand where big donors and d.c. vips will watch the inaugural parade with the president. >> if i were in this spot what would you do for me? i mean -- >> the first thing would definitely be to record the...
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these are american tax dollars being spent its best to spend those tax dollars helping americans in need. here's an example. we can spend $531 million on some become six and 52 million on kenya, 625 million on nigeria or perhaps as much as 2 billion in new castle county and other damaged areas in delaware. we did spend 180 million on indonesia, 142 million in the philippines, 107 million in vietnam, 85 million in the republic of georgia or shift those sums to atlantic city and other places in new jersey. i hope to get the drift. we have people hurt in the united states of america but we also have a future that we have to look at cost. each time we spend money, we do not have, i would submit to the members of the committee that furthers the rest of the insolvency in bankruptcy and if that were to happen, it would debilitate the country so i request your consideration to the amendments i have before you. >> thank you mr. chairman for your work tonight and at the time in reviewing these amendments. i offer today an amendment 73 to the rogers substitute regarding watershed protection funding
these are american tax dollars being spent its best to spend those tax dollars helping americans in need. here's an example. we can spend $531 million on some become six and 52 million on kenya, 625 million on nigeria or perhaps as much as 2 billion in new castle county and other damaged areas in delaware. we did spend 180 million on indonesia, 142 million in the philippines, 107 million in vietnam, 85 million in the republic of georgia or shift those sums to atlantic city and other places in...
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this is the same crew that were saying they would never see taxes go up. we don't need every member in a republican party. we need 218 votes in the house for a reasonable package. and, you know, you have to watch for people to do, not just what they say. in the u.s. capitol, you can't walk in here with a grun. you can't walk in here with an assault weapon. over in the supreme court which says you have this unlimited right to have a gun, you can't walk in there with a gun. why should people walk sbhinto schools or movie theaters? that congress should provide for the american public. we know that guns can be dangerous in the wrong hands. that's why we have all of the rules and regulations and the security protections here. and we need to make sure that in our day care centers and our communities, we provide a better safety environment for our kirn. >> now, rooiyan, it seems like e republ lip cans, and i noticed the congressman said we don't need them all, some republicans do sound like they are more open to possible gun legislation more than some of the far
this is the same crew that were saying they would never see taxes go up. we don't need every member in a republican party. we need 218 votes in the house for a reasonable package. and, you know, you have to watch for people to do, not just what they say. in the u.s. capitol, you can't walk in here with a grun. you can't walk in here with an assault weapon. over in the supreme court which says you have this unlimited right to have a gun, you can't walk in there with a gun. why should people walk...
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perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea tantaros. it's 5:00 in new york city. this is "the five." ♪ ♪ >> dana: earlier today, president obama held the final press conference of his first term in the east room of the white house. the main attraction, our old friend the debt ceiling. they could default on the debt, unless the debt ceiling is raised. republicans want the president to cut spending before they i gree on a deal. but the president at no time seem eager for compromise. listen. >> we have to stop lurking from crisis to crisis to crisis. when there is a clear pass that requires disci
perhaps hiking taxes on the rich is up with of them. but that does not mean we don't do a lick about our debt. not getting a handle on spending wasn't one of them. hearing only one side don't make you a journalist but doing so to ignore the other side makes you charyl top. charlatan. go after the goose, go after the gander. what is a gander? do you know? be fair, balanceed. both sides. have at it. >> dana: hello, i'm dana perino with kimberly guilfoyle, bob beckel, eric bolling, andrea...
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they couldn't win that battle regarding taxes. with this one, they have leverage. >> they thought it was their leverage but still when you go in to this debate, tamron, they control only one part of the government. it's a house of representatives. democrats control the senate. they control the white house. so while house republicans do have some leverage, we also learned something from the fiscal cliff negotiations that john boner's willing to bring legislation to the floor that doesn't have this majority of support from the party and pretty big, as well. >> all right. mark, thank you very much. greatly appreciate it. talk to you tomorrow on these things. >>> former president george h.w. bush has now been released from the hospital in houston today and headed home. mr. bush was admitted to the hospital around thanksgiving, suffering from a severe case of bronchitis. in the stay, developed a fever. doctors say he'll continue physical therapy at home. mr. bush is 88 years old. >>> my starting point is not to worry about the politics
they couldn't win that battle regarding taxes. with this one, they have leverage. >> they thought it was their leverage but still when you go in to this debate, tamron, they control only one part of the government. it's a house of representatives. democrats control the senate. they control the white house. so while house republicans do have some leverage, we also learned something from the fiscal cliff negotiations that john boner's willing to bring legislation to the floor that doesn't...
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you kept your so-called bush tax cut and media in the past has talked about average tax cut was $1,000. that's misleading. the wealthy got really big cuts. the average american in other words did not get an average tax cut of $1,000. more like 100. the added payroll tax meant you were making less money. >> all right. thank you very much. >> all right. it is 6:15 right now. let's check back in with meteorologist christina loren and there's a new catch phrase going around the bay area. brr. >> i think the kids are going to say that before the day is done. put a little roll into it. 6:15 now. so glad you are waking up with us on a monday morning. cold start to the day. it's going to be a cold finish to the day as well. you'll be happy with what i have to tell you if you are looking for warmer weather. you're going to be quite happy with the forecast. new week, new forecast. 30 degrees right now. it's a cold start to the day up in the north bay. places like santa rosa at 40. 35 in livermore to start. throughout the day today temperatures are going to be cold warranting a freeze warning. th
you kept your so-called bush tax cut and media in the past has talked about average tax cut was $1,000. that's misleading. the wealthy got really big cuts. the average american in other words did not get an average tax cut of $1,000. more like 100. the added payroll tax meant you were making less money. >> all right. thank you very much. >> all right. it is 6:15 right now. let's check back in with meteorologist christina loren and there's a new catch phrase going around the bay...
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tax that is collected? thank you. >> guest: i do not. there is a small portion that still remains over the treasury department, but we believe that the money goes to treasury. atf is still very small, very small portion of the work is involved. >> some stats from the website on fiscal 2011 numbers. they recommended defendant's for prosecution in alcohol and tobacco cases about 213 recommended for prosecution. they seized approximately 42 million in the criminal contraband and alcohol and tobacco products moving across states. let's go back to the phone. mike in houston texas on the independent line. good morning, mike. >> caller: good morning. i had the fortune of mary in a very wise woman so in a way i am the luckiest man in the world, but my wife pointed out no one had a concealed or carried permit has committed a rampage shooting so wouldn't more conceal and carry permits held this problem that we are trying to solve? especially when. no woman has done a mass shooting that i am aware of. >> host: we're t
tax that is collected? thank you. >> guest: i do not. there is a small portion that still remains over the treasury department, but we believe that the money goes to treasury. atf is still very small, very small portion of the work is involved. >> some stats from the website on fiscal 2011 numbers. they recommended defendant's for prosecution in alcohol and tobacco cases about 213 recommended for prosecution. they seized approximately 42 million in the criminal contraband and...
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tells him how much he's allowed to collect in taxes. he says there's a difference there. i have to borrow it. no, you can't borrow that. the whole debt ceiling thing itself is a crazy thing. it forces the president to do something illegal, either to defy congress on what it told him to spend or defy congress and borrow when it told him not to. >> krugman was one of the leading proponents of the trillion dollar coin idea which involved minting a platinum coin which would be deposited at the federal reserve allowing the government to pay off bills should congress fail to act. over the weekend the treasury d department ruled out the idea. >>> before we go to break. shoot me an e-mail at waytooearly@msnbc and let me know why you're awake. you can also tweet me. >>> still ahead on "way too early," a wild weekend for the nfl as the atlanta fallons break their playoff slump in dramatic fashion. i'll bring you all the weekend highlights next in sports, if i make it. >>> and it was a big night for fans of "homeland" and a little-known show called "game change." we'll also get a ch
tells him how much he's allowed to collect in taxes. he says there's a difference there. i have to borrow it. no, you can't borrow that. the whole debt ceiling thing itself is a crazy thing. it forces the president to do something illegal, either to defy congress on what it told him to spend or defy congress and borrow when it told him not to. >> krugman was one of the leading proponents of the trillion dollar coin idea which involved minting a platinum coin which would be deposited at...
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i will give you a tax and health care review. i can help you figure it out. ♪ ♪ i had this shingle rash right next to my spine. clusters of pustules, pimples. the soreness was excruciating. it was impossible to even think about dancing. when you're dancing your partner is holding you. so, his hand would have been right in the spot that i had the shingles. no tango. no rhumba. you can't be touched. for more of the inside story visit shinglesinfo.com smoke? nah, i'm good. ♪ ♪ [ male announcer ] every time you say no to a cigarette, you celebrate a little win. nicoderm cq, the patch with time release smart control technology. quit one day at a time with nicoderm cq. right here at table 19 a secret crush turned out to be a mutual attraction.... the westgate cousins went old-school to decide who pays the check... a local book club raved about the cliffhangers in the new crime novel... and some b-f-fs from college joked about looking up old flames on facebook -- all over delicious entrees like our new parmesan crusted steak fro
i will give you a tax and health care review. i can help you figure it out. ♪ ♪ i had this shingle rash right next to my spine. clusters of pustules, pimples. the soreness was excruciating. it was impossible to even think about dancing. when you're dancing your partner is holding you. so, his hand would have been right in the spot that i had the shingles. no tango. no rhumba. you can't be touched. for more of the inside story visit shinglesinfo.com smoke? nah, i'm good. ♪ ♪ [ male...
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various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of those nine states across the united states that don't have an income tax. those are states like texas and florida and tennessee and new hampshire and washington, navy. they're doing develop economically much better. art laffer who you have on the show a lot and we do a study, called rich states, poor states we find significant growth in those that don't have income taxes. texas isp booming. florida is doing well, tennessee. louisiana wants to join the states to get more job and higher income jobs. bill: bobby jindal wants to get in on the action? >> yeah. bill: what is the effect whe
various tax proposals are taking shape that could cut taxes in a big way. matt mccall, penn financial group. steve moore, "wall street journal.". good morning. love having you on. we can talk about what the government is doing with he have too. talk about what the markets are doing with matt. stephen moore, tell me, bobby jindal in louisiana, what his idea is, that is helping to drive this headline today? >> well, bill, he wants to make louisiana one of those, join the ranks of...
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. >> the mail includes important tax documents like a w2 that could help fuel identity theft. >>> a popular pizza restaurant in san francisco has been hit with a fine for noncompliance. they will pay $320,000 in a settlement agreement. the money goes to provide health care benefits to their current and former employ es. the city puts a 4% surcharge on customers' checks. the restaurant didn't use most of the money for its stated purpose. a lake tahoe community is taking on bears. a new law will target people. multiple violations could result in a thousand dollar fine. other tahoe communities have passed similar laws. >> in florida snake hunters are having a field day. they are armed and ready to wipe out the better meze -- burmese pythons. >> some 800 hunters with a license to kill, pythons. they are reportedly crawling with up to a hundred thousand pythons and many of them pets. hunters are vying for the $1500 pot for the longest snake. many bristling with guns, but not so much knowledge. >> i hunt for the brown bear. >> and lions. >> aren't those endangered? >> we teamed up with the duo hu
. >> the mail includes important tax documents like a w2 that could help fuel identity theft. >>> a popular pizza restaurant in san francisco has been hit with a fine for noncompliance. they will pay $320,000 in a settlement agreement. the money goes to provide health care benefits to their current and former employ es. the city puts a 4% surcharge on customers' checks. the restaurant didn't use most of the money for its stated purpose. a lake tahoe community is taking on bears....
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. >> investigators say mail often includes important tax documents that could help identity thieves. >> san jose firefighters are trying to determine the cause of a fire that force add family from the home. the call of the house fire yesterday afternoon and by the time they arrived, all six people in the two-story home including the family dog got out safe safely. officials believe the fire started on the wood shingle roof. crews stayed on the scene to guard against flareups. >> the san mateo city council will hear both sides on whether a new 7/11 store should be allowed to stay home on north san mateo drive. some neighbors fear the store will increase crime. they protested before the store opened claiming it violated local zoning laws. the area is zoned for housing although a store once occupied the site under a special exemption. >> the sharks are holding another noon work out today and it is open to the public at the practice facility. players wasted in time getting back to training camp at the sharks ice facility yesterday, a day after the nhl walkout ended going through their fa
. >> investigators say mail often includes important tax documents that could help identity thieves. >> san jose firefighters are trying to determine the cause of a fire that force add family from the home. the call of the house fire yesterday afternoon and by the time they arrived, all six people in the two-story home including the family dog got out safe safely. officials believe the fire started on the wood shingle roof. crews stayed on the scene to guard against flareups....
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Jan 14, 2013
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so if you're filing your taxes online, pick the best tax software available... with h&r block at home. this is power software created by the tax experts at h&r block. and only h&r block software backs you up with free audit support and in person representation from a tax professional. file for free now at hrblock.com. ♪ made with only milk... cream... a touch of sugar... and pure natural flavors. ♪ who knew being natural could be so delicious? coffee-mate natural bliss. from nestle. add your flavor naturally. >> announcer: "today" at the golden globes is brought to you by l'oreal paris, because you're worth it. >>> the chance to host the golden globes arrival special gave us an opportunity to see a lot of the fashions up close and personal. we did that. >> we did. and here to break down the night we had julian ewe guiliana rans. you're the experts. >> good morning. >> why don't we give the guys a chance to start. >> oh, the men. >> always ignore them. >> it will turn out to be all about the women anyway, right? hugh jackman, what did you think of his out fit? >> i thought he was t
so if you're filing your taxes online, pick the best tax software available... with h&r block at home. this is power software created by the tax experts at h&r block. and only h&r block software backs you up with free audit support and in person representation from a tax professional. file for free now at hrblock.com. ♪ made with only milk... cream... a touch of sugar... and pure natural flavors. ♪ who knew being natural could be so delicious? coffee-mate natural bliss. from...
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Jan 14, 2013
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the president said he wouldn't raise taxes on everybody. he did raise taxes on everybody. he still has the moral high ground. it's about spending. which is just future taxes. how can that pledge be changed? you're not going to be able to combat the debt ceiling with a static pledge. >> okay. well the good news is, that moving forward we're going to have a four-year struggle against the president's overspending. and we have three days, three battles that we know the day of. march 2nd is when the sequester begins. watch the president try and weasel out of the sequester, that it was his idea, and he agreed to it -- >> doesn't matter whose idea it is. how are you going to get on the offense? see i'm with you. i'm a fiscal conservative. but you're on your back feet. >> no, no. the sequester takes place automatically unless something else happens, saving $1.2 trillion. debt ceiling which comes up around march 14th, fuzzy day but roughly march 14th, there the republicans have said for two years now, because the president's busting the budget with all his spending he's going to ha
the president said he wouldn't raise taxes on everybody. he did raise taxes on everybody. he still has the moral high ground. it's about spending. which is just future taxes. how can that pledge be changed? you're not going to be able to combat the debt ceiling with a static pledge. >> okay. well the good news is, that moving forward we're going to have a four-year struggle against the president's overspending. and we have three days, three battles that we know the day of. march 2nd is...
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Jan 14, 2013
01/13
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under new rules, foreigners buying property will have to pay a new tax and there is a tax on those who speculation on industrial properties. seng wun, some people are pointing to what is happening with japan as inciting more capital inflows into places like singapore. do you expect more measures in response? >> i think the policymakers here in singapore, we have seen the hong kong government trying to attempt with limited success to hold on property prices here. we have seen inflows. if you look at the last few weeks, we are very strong close into the equity market and given that this region is still set to be likely to lead growth in the coming over 12 months or so itself, that's likely a gain to bring more money. unless, of course, we see a strong turn around in growth in europe and the u.s., but from the medium term itself, when you've got growth and you've got employment opportunity, you've got income growth and environment of very low interest rate is headache to policymaker in which i think the government here continue to have to fine tunemakers every now and then essentially bec
under new rules, foreigners buying property will have to pay a new tax and there is a tax on those who speculation on industrial properties. seng wun, some people are pointing to what is happening with japan as inciting more capital inflows into places like singapore. do you expect more measures in response? >> i think the policymakers here in singapore, we have seen the hong kong government trying to attempt with limited success to hold on property prices here. we have seen inflows. if...
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Jan 14, 2013
01/13
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see if it lasts because it's being explained away as people pull forward their bonuses in 2012 for taxes. let's see if it lasts beyond that. earnings are slowing down. the economy is slowing down. and on the positive, you've got the fed pushing real hard. so maybe we don't have a big down in the market because of the fed, but the fundamentals beyond the fed are real hard to support the market going up. >> china's improving. japan is in uber-stimulus mode. a number of people have changed their gdp numbers this weekend 2.5%. it's not horrible and it's slowly improving. >> it is definitely tough out there. there's no argument there. final word very quickly, ralph. i just want to get your single best idea right here. if your scenario materializes and this market goes up, what's your best idea? where do you want to put your money today? >> xlf. financials. >> that's his financial sector there. >> yep. >> thanks, guys. >> we'll see you soon. thank you so much. we'll keep you updated on the dell story as it develops. we are in the final stretch of trading. 45 minutes until the closing bell soun
see if it lasts because it's being explained away as people pull forward their bonuses in 2012 for taxes. let's see if it lasts beyond that. earnings are slowing down. the economy is slowing down. and on the positive, you've got the fed pushing real hard. so maybe we don't have a big down in the market because of the fed, but the fundamentals beyond the fed are real hard to support the market going up. >> china's improving. japan is in uber-stimulus mode. a number of people have changed...
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Jan 14, 2013
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. >> the mail includes important tax documents like a w2 that could help fuel identity theft. >>> a popular pizza restaurant in san francisco has been hit with a fine for noncompliance. they will pay $320,000 in a settlement agreement. the money goes to provide health care benefits to their current and former employ es. the city puts a 4% surcharge on customers' checks. the restaurant didn't use most of the money for its stated purpose. a lake tahoe community is taking on bears. a new law will target people. multiple violations could result in a thousand dollar fine. other tahoe communities have passed similar laws. >> in florida snake hunters are having a field day. they are armed and ready to wipe out the better meze -- burmese pythons. >> some 800 hunters with a license to kill, pythons. they are reportedly crawling with up to a hundred thousand pythons and many of them pets. hunters are vying for the $1500 pot for the longest snake. many bristling with guns, but not so much knowledge. >> i hunt for the brown bear. >> and lions. >> aren't those endangered? >> we teamed up with the duo hu
. >> the mail includes important tax documents like a w2 that could help fuel identity theft. >>> a popular pizza restaurant in san francisco has been hit with a fine for noncompliance. they will pay $320,000 in a settlement agreement. the money goes to provide health care benefits to their current and former employ es. the city puts a 4% surcharge on customers' checks. the restaurant didn't use most of the money for its stated purpose. a lake tahoe community is taking on bears....